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Posted
1 hour ago, Arkstfan said:

I'd not take the risk but then like most Americans I don't have enough itemized deductions to worry about it.

You are correct.  They very clearly do not allow tax deductions.  Anyone who says otherwise is FOS!

  • Upvote 1
Posted
2 hours ago, Jonnyeagle said:

You are correct.  They very clearly do not allow tax deductions.  Anyone who says otherwise is FOS!

And reality is in 2024 for a married couple filing jointly the standard deduction is $29,200 not a lot of people hit that. I owe $50,000 on a 2.125% mortgage. Median household income in Texas was $102,500. Unless that median household has 29% of their income tied up in deductions itemizing makes no sense. Hell 2019 I had $13,000 in out-of-pocket medical when I was in cancer treatment (quit counting Blue Cross's outlay when it topped $100,000) and I still couldn't itemize.

Person with real money wanting to fund players is going to work through a collective or other entity to hire the player to do some insta or TikTok posts for an inflated price to promote their business and have a shot at deducting as a business expense. Of course a publicly trader won't go above real value and closely held won't unless they feel certain no shareholder will challenge.

I'm not a fan of the NIL collective tip jar system, I mean I contribute to A-State's collective, I just don't like the system. Really needs to be paid via the school and have a collective bargaining agreement.

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  • 2 weeks later...
Posted
On 12/4/2023 at 12:18 PM, UNTLifer said:

RB B.K. Jackson has entered the portal along with Jax Van Zandt and Big Howard Sampson.

 

Commits to A&M Commerce. 

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Posted
On 11/30/2023 at 6:27 PM, Jdawg48 said:

DB Chris Wright enters. I believe he was with us for 2 or 3 seasons. 

DE. Commits to ACU. 

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Posted
1 hour ago, MeanGreenZen said:

Does James Madison have a better NIL than us? And if so, why would they give it to Ayo Adeyi?

JMU lost a substantial amount of guys to the portal as they followed their HC to Indiana. I’d assume that roster is looking to add anyone as they try to rebuild. Not sure about their NIL funding but they probably have a lot of money freed up after their max exodus

  • Upvote 1
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Posted
On 1/7/2024 at 6:33 PM, UNTLifer said:

Logan Wilson to Cincinnati 

image.png.e49c8232424beffcd72d07e3f24e8909.png

Yep, and there's Logan Wilson arriving at Cincinnati through the portal.

They must have been damn thirsty.

  • Haha 2
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Posted
12 hours ago, ADLER said:

image.png.e49c8232424beffcd72d07e3f24e8909.png

Yep, and there's Logan Wilson arriving at Cincinnati through the portal.

They must have been damn thirsty.

I'm confused

  • Upvote 1
Posted
On 1/7/2024 at 8:30 PM, MeanGreenZen said:

And if so, why would they give it to Ayo Adeyi?

Are you serious? Why wouldn’t they? The guy has been a phenomenal back for us ever since he got here.

  • Upvote 2
Posted
5 hours ago, Cr1028 said:

Are you serious? Why wouldn’t they? The guy has been a phenomenal back for us ever since he got here.

Allocation of resources? There is a reason that running back is the lowest paid position in the NFL. Smarter to invest elsewhere.

  • Downvote 1
Posted
29 minutes ago, MeanGreenZen said:

Allocation of resources? There is a reason that running back is the lowest paid position in the NFL. Smarter to invest elsewhere.

Ah, I understand now.

  • 3 weeks later...
Posted
On 12/5/2023 at 5:40 PM, Jdawg48 said:

LB Sifa Leota enters portal.  Didn't play much this year due to injury but apparently is a stud. 

Commits to LA Tech. 

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